Hedonic Utility, Loss Aversion and Moral Hazard
Author:   Emil P. Iantchev
Publisher:   now publishers Inc
Volume:   26
ISBN:  

9781601983923


Pages:   62
Publication Date:   10 November 2010
Format:   Paperback
Availability:   Out of print, replaced by POD   Availability explained
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Hedonic Utility, Loss Aversion and Moral Hazard


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Hedonic Utility, Loss Aversion and Moral Hazard summarizes recent advances in the modeling and measurement of hedonic utility. This paper reviews recent advances in the modelling of hedonic utility and the measurement of its physiological correlates. The paper also argues that incorporating hedonic experiences can enrich economic models. An example of such an application — a principal–agent model with moral hazard — is presented and thoroughly analyzed. Its implications are then compared with the structure of incentive contracts observed in practice.

Full Product Details

Author:   Emil P. Iantchev
Publisher:   now publishers Inc
Imprint:   now publishers Inc
Volume:   26
Dimensions:   Width: 15.60cm , Height: 0.30cm , Length: 23.40cm
Weight:   0.102kg
ISBN:  

9781601983923


ISBN 10:   1601983921
Pages:   62
Publication Date:   10 November 2010
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of print, replaced by POD   Availability explained
We will order this item for you from a manufatured on demand supplier.

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